Mylan Inc. (MYL) Thursday reported first-quarter profit of $106.9 million or $0.27 per share, down from $129.1 million or $0.30 per share in the same period last year. Adjusted earnings for the quarter was $0.62 per share. On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.62 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues improved 3 percent to $1.63 billion from $1.58 billion last year. Analysts expected revenues of $1.69 billion.
Operating expenses increased to $479.64 million from $419.69 million last year.
Looking ahead, the company has reaffirmed its fiscal 2013 earnings outlook range of $2.75 to $2.95 per share. Analysts currently expect full-year earnings of $2.87 per share.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.